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FranceAgriMer reported that French soft wheat planting slowed in the week ending 26 October but remained well ahead of last year, at 68pc of projected area versus 41pc a year earlier. Barley planting and corn harvest progress were also ahead of the previous year.
Early planting and emergence point to normal crop development, which limits near-term supply concerns and keeps wheat prices under little pressure from this report.
argusmedia.comAnna HarouniMar 25, 2024After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
